Entrepreneur
Name
Paul
Member since
October 2017
On-time repayments
32 installments • 63%
About Me
am a young man born from a peasant farmer in Kenya. am married with two kids and am also the sole bread winner for some of my simplings' children. I am also involved in educating my brothers and sisters children especially those whose parents went before us to the lord.
My Business
I run a matatu business in Kenya (psv) since it's not everyone who can afford a car in this third world country, it's a flourishing business especially in Kenya which is a third world country. my business gives me a gross revenue of ksh 100,000, with 20%of this going to recurrent expenditure like paying salaries , buying spare parts and general maitainance. Currently my unit has some worn out tyres that I would wish to replace in order to increase my units performance efficiency. kindly be part of this noble idea, and I promise to pay back in full all the monies lent to me in time.
Loan Proposal
I plan to replace two of my worn out tyres. that expenditure will cost me ksh 20,000 . I shall also make use of the balance to have a music system in the car so as to improve on the cars comfort and hence make it more appealing to customers.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$53.00
Date disbursed
Dec 9, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Summary
Amount repaid
$52.46
Amount remaining
$0.00
Date repaid
Jan 17, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 17, 2017 | $9.85 | Dec 19, 2017 | $9.85 |
| Dec 24, 2017 | $9.85 | Dec 24, 2017 | $9.85 |
| Dec 31, 2017 | $9.85 | Dec 31, 2017 | $9.85 |
| Jan 7, 2018 | $9.85 | Jan 7, 2018 | $9.85 |
| Jan 14, 2018 | $9.85 | Jan 17, 2018 | $9.85 |
| Jan 21, 2018 | $3.19 | Jan 17, 2018 | $3.19 |
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